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Meet the drivers who may be offered $10,000.00 to purchase stock in Lyft. Thoughts? What would you do?

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momof4
7613 Rider Driver
 Posted 4 months, 2 weeks ago

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As a driver if you were given $10,00.00 to purchase Lyft stock or keep the money what would you do?

Me - Invest it in Uber lol no not sure what I would do.

https://www.marketwatch.com/story/meet-the-og-uber-and-lyft-drivers-who-could-cash-in-on-the-ipos-2019-03-01

Comments

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    dale0711
    11 Driver Rider
     4 months ago

    This is happening. 
    $1,000 to drivers with over 10,000 rides, $10,000 to drivers with over 20,000 rides
    I received an email from Lyft telling me that I will be getting $1,000 into my account on  March 19th. Happy St. Patricks Day to this Irishman! 😆

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      momof4
      7613 Rider Driver
       4 months ago

      Congrats!

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      joeyj
      422 Driver Rider
       4 months ago

      Don't spend it all in one place 😁 

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      chawes
      704 Rider Guru
       4 months ago

      Wow, congrats to you!!

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    actingfool
    76
     4 months ago

    I would take the 10k and invest it in another company 😂 

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      TonyAlmeida
      1114 Rider
       4 months ago

      Right,  it's all about whether you actually want to invest in them or not.  

      Will Lyft and Uber be able to beat the rest of the market?  Are they the fast growing tech companies that will see double digit gains? who knows?

      If you ask me, probably not. When buying stock, always think the growth potential. 

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      brownbear
      597 Rider
       4 months ago

      Voice of wisdom...

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    SidA-1
    28 Driver
     3 months ago

    20,000 RIDES?!

    Lyft set aside 5% of the shares for directors and some employees as well as for drivers who as of February have completed 10,000 rides on its platform or are serving or served on a driver advisory council. The company also will pay cash bonuses to those long-standing drivers, including $10,000 for those who completed at least 20,000 rides.

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    sally
    81 Driver
     4 months ago

    This would be really awesome if they followed through. I wish I could get 10k but I am at least happy some of the drivers are getting a piece of the pie!

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    breakingbread
    213 Rider Driver
     4 months ago

    No way they will do this. It is a publicity stunt. Since when does Uber or Lyft give away anything for free to their drivers...

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      momof4
      7613 Rider Driver
       4 months ago

      There will be a catch if they do go forward with it. Neither Uber or Lyft give anything away without a catch especially to drivers. Drivers are a mearly a means to an end. Probably have to sign on to drive for them indefinitely accepting every ping and not cancelling a single ping 12 hrs per day 7 days per week. Not only do you have to do this but your children will when they are old enough and when your childrens children are old enough they will have to do it also. Especially when their autonomous vehicles are not ready when they expect them to be. 

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      YeniAdugna
      Driver
       4 months ago

      Very true

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    cheesehead
    496 Driver Rider
     4 months ago

    The companies haven’t said how they’d select the drivers afforded access to IPO shares, but they likely would focus on longtime, active drivers, and, at Lyft, the plan is to award drivers who have logged at least 10,000 rides

    Soooo... $1 extra per ride. $10k seems like a lot but when in reality it's not that huge of a bonus compared to the work they put in for the company. Nice surprise for those who get it though!